Yep, even Leica doesn't make 'em like they used to. They never mastered the height of 1970's photographic technology- even on a camera introduced in 2002. Their last truly cutting edge design was introduced in 1954, and they hung their hats there, intentionally or not. Through the curse of their own success and the SLR onslaught, they were roundly knocked of the podium. Now ("Now" being since the 70's...) they really have their hands tied: all the die-hards and crusty traditionalists throw up their hands when anyone talks about changing the M at all. I might qualify to be in this group- but it makes cramming "modern technology" (i.e., electronics of any kind) into their cameras that much harder.
Now, I'm very happy shooting with my M3's. I'd love to get an M2, and maybe a nice screw-mount Leica. I love my M and LTM lenses; and while I'd love to be able to use them on bodies with modern features like AE or digital sensors, I doubt it will ever be with a Leica. I'm not a Leica basher, but I need affordable bodies that work. Cosina and Zeiss have given us great cameras with AE if you aren't happy with the function of the M7. Personally, I don't need a $4000 camera that can't match the AE function of a $500 Japanese camera, and also doesn't have the old-world build quality of their old stuff. I know, and don't mind, that nobody can do it like that anymore (though look what Nikon was able to do with their recent re-releases of their mechanical RF's....) but it is sad that we can't look to Leica for new solutions. They have tried- and some of their efforts are fine; I'd shoot with an M7 or M8 if someone gave me one. I don't blame them for this, but Leica is never going to build an affordable cutting edge camera again, film or digital. All the money in the market has gone to Nikon and Canon over the past 30 years. Leica can't compete with that. I'd be delighted to see Nikon release a digital M-mount camera. Cosina and Zeiss are doing great things. Luckily for us- and for Leica- it certainly looks like the M-mount is the de-facto standard for 35mm RF's going forward (as well as back). This makes a ton of sense, and it means there's plenty of life for all of these cameras, and hopefully for Leica. But the Zeiss Ikon is the pinnacle of evolution for the film M camera- not the M7. One could make an argument for the Hexar RF, too, but this camera had more demons than the M7, and anyway, it and Konica are gone.
If Leica can keep making and selling MP's and great lenses, maybe one day they could do a real, ground-up redesign of a totally new RF camera, the way they did with the invention of the M. Could you imagine that? Throw out everything but the mount, and build a new camera- film (yeah right) or digital. Try again to do what they did before- to make the best camera possible. Make it simple, functional, reliable, and small; make it rugged and able to take some abuse. Give it the most basic functions: focus, manual and aperture priority auto; maybe shutter priority, and even program mode/s for broader appeal. Give us ISO control, either with film or a sensor. Is Leica ever going to be able to give us a really new, affordable camera that just works right? I'm not holding my breath. Maybe Nikon or Cosina or Zeiss or someone else will- hey, maybe even Leica. But until that happens, I'm perfectly happy with my M3 from 1959.